The Wave, Muscat wins 'Best Luxury Development' award in London | The Wave

Homes Overseas, one of UK's leading international property magazines has accorded The Wave, Muscat with an award for 'The Best Luxury Development'.

source: bulgarianpropertyagent.com

Award Winning Property Investment Opportunity Opens in Malaysia

David Stanley Redfern Ltd are overseas property investment specialists who have turned their keen eye for quality and prestige toward the stunning shores of Borneo, Malaysia. Adding to their world class and predominantly exclusive portfolio, they now present their latest investment opportunity, the auspicious and finely furnished 1-2 bedroom Nexus Residencies currently available from £115,000.

source: bulgarianpropertyagent.com

GE Real Estate to announce Russia buys in 2008 - NEW EUROPE

GE Real Estate Central and Eastern Europe (GE Real Estate) expects to announce several acquisitions in Russia in the first quarter of 2008, company officials told Interfax. “We hope to announce two to three deals in Russia in the coming months,” Managing Director Karim Habra told Interfax, adding that these would be most likely warehouse and retail schemes. GE Real Estate entered Russia in October with a USD 50 million investment in Heitman Russia Property Partners, a new fund which will have USD 150 million in equity.
“Industrial rents in Russia are at peak and will go down in two to three months,” said GE Real Estate head of business development Christopher Zeuner, adding that he sees room for further rental growth of retail rents but not much room for growth of office rents in Russia. Among the biggest challenges in Russia is to find strong partners and the risk of corruption, Zeuner said. While the company is still monitoring the Baltic countries for possible expansion, Estonia, Latvia, and Lithuania are “small markets” Zeuner added.

source: bulgarianpropertyagent.com

Wall Street readies $38bn bonuses but shareholders in worst year since 2002

The industry’s bonuses are larger than the gross domestic products of Sri Lanka, Lebanon or Bulgaria. The average $201,500 bonus is more than four times the $48,201 median household income in the US last year, according to US Census Bureau statistics.

source: bulgarianpropertyagent.com

Bulgarian Property Investment profits from Super Borovets project.

The much-anticipated expansion of Bulgarian ski resort Borovets, dubbed the Super Borovets project, is set to finally get underway following the recent ground-breaking ceremony performed by Georgi Parvanov, the President of Bulgaria.

source: bulgarianpropertyagent.com